Ballot measures to increase the minimum wage were consistently approved from 1998 to 2023, with 24 measures passing during this period. In 2024, voters in California and Massachusetts broke the trend by rejecting proposals to increase minimum wages, the first such defeats since 1996. In California, voters rejected Proposition 32, which would have increased the…
Two Nevada initiative campaigns submitted signatures for initiatives targeting the 2026 ballot. If at least 102,362 signatures are found valid, the initiatives will be presented to the Nevada State Legislature. If approved by the legislature and signed by the governor, the proposed statute becomes law. If not, the law is submitted to voters at the…
What’s the story? The New York City Employees’ Retirement System (NYCERS)—under the direction of city Comptroller Brad Lander (D)—joined the Net-Zero Asset Owner Alliance (NZAOA), extending its commitment to ESG investment strategies. NZAOA’s members manage more than $9.5 trillion and commit to using their investments to reduce carbon emissions. Why does it matter? The NYCERS…
Donald Trump (R) announced on Nov. 19, 2024, that he had selected Linda McMahon as his nominee for secretary of the U.S. Department of Education. This position requires Senate confirmation. In a statement, Trump said, “Linda will use her decades of Leadership experience, and deep understanding of both Education and Business, to empower the next…